Q588
Value generally promises to pay at maturity date and a firm borrows is considered as bonds
A.
bond value
B.
per value
C.
state value
D.
par value
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Value generally promises to pay at maturity date and a firm borrows is considered as bonds par value. The par value of a bond also called the face amount or face value is the value written on the front of the bond.